Articles from Rivian

Rivian (NASDAQRIVN) today announced it has closed its loan agreement with the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) for up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) in financial support for the construction of its next manufacturing facility in Stanton Springs North, near the City of Social Circle, Georgia. These funds will help secure American leadership in electric vehicles while supporting the creation of 7,500 new manufacturing jobs and accelerating the volume expansion of the company’s new R2 SUV and R3 crossover.

American all-electric automaker Rivian Automotive (NASDAQRIVN) today announced it has received conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) Loan Program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States.

Today, Rivian introduces the second-generation of its flagship vehicles.

Rivian today unveiled its new midsize platform which underpins R2 and R3 product lines.

American all-electric vehicle manufacturer Rivian today announced the launch of a new apprenticeship program to support the development of trained staff at its future manufacturing plant in Stanton Springs North, Georgia.

American all-electric automaker Rivian (Nasdaq: RIVN) today announced the opening of its newest spaces location at Ponce City Market, using the occasion to showcase progress on its future Georgia manufacturing facility and upcoming milestones. The seventh public-focused Rivian space since June 2023, part of a nationwide rollout, visitors will have the opportunity to connect with the Rivian brand, get up-close with its electric adventure vehicles, and learn more about the company’s plans in the Peach State.

Rivian (NASDAQRIVN) today announced that on Thursday, September 7, 2023 at 10:50 AM PT, Rivian CFO Claire McDonough will participate in a fireside chat at the 2023 Goldman Sachs Communacopia + Technology Conference.

Amazon today announced the arrival of its new custom electric delivery vans from Rivian in Europe, with the first vans rolling out in Germany. More than 300 electric delivery vans are hitting the road in Munich, Berlin, and Dusseldorf in the coming weeks, joining a fleet of thousands of electric vans already in operation in Europe, including more than 1,000 electric vans in Germany. Amazon announced last year that it plans to invest more than €1 billion to electrify its European transportation network and reduce carbon emissions over the coming years, including more than €400M in Germany.

Rivian (NASDAQRIVN) has today announced that on Thursday, June 15, 2023, at 2:20pm ET, its CFO, Claire McDonough, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference.

Rivian (NASDAQRIVN), has today announced that at 8.00am ET on Friday, June 2, 2023, its Founder and CEO RJ Scaringe will participate in a fireside chat at Bernstein’s 39th Annual Strategic Decisions Conference.

Rivian Automotive, Inc. (NASDAQRIVN) today announced it has hired Anthony Sanger as the first Vice President of Facilities for its planned manufacturing facility at Stanton Springs North in Georgia.

On Tuesday, April 4, Rivian’s CFO, Claire McDonough, will participate in The Bank of America Securities 2023 Global Automotive Summit. At 1:20pm ET, Claire will join a fireside chat where she will be in discussion with John Murphy, Managing Director, Bank of America Global Research. A live webcast of the fireside chat will be available here.

Electric vehicle manufacturer Rivian has today announced it is pausing plans to produce its electric commercial vans in Europe and will therefore no longer pursue the Memorandum of Understanding with Mercedes-Benz. This Memorandum of Understanding was signed in September 2022.

Rivian and Apex Clean Energy today announced the signing of a power purchase agreement (PPA) for 50 megawatts (MW) of electricity from the renewable energy company’s proposed Goose Creek Wind farm in Piatt County, Illinois. As Rivian’s first large-scale procurement, the agreement supports the company’s long-term vision of enabling high-impact renewable energy projects that reduce its carbon footprint while also benefiting customers, communities, and the electrical grid.

Rivian (NASDAQRIVN) has today announced that on Tuesday, November 29, 2022, at 11:00am ET, Rivian’s founder and CEO RJ Scaringe will participate in a fireside chat at the Redburn 2022 CEO Conference.

Rivian (NASDAQRIVN) has today announced that on Wednesday September 14, 2022 at 11:15am EST Rivian’s founder, Chairman and CEO RJ Scaringe will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference 2022.

Rivian opens three fast charging sites this week in Colorado and California, the first deployments in its nationwide Rivian Adventure Network. These “Level 3” DC fast charging sites will initially provide over 200 kilowatts of power, allowing Rivian drivers to add as much as 140 miles of range in just 20 minutes and creating new opportunities for sustainable adventure far from home.

Rivian today announced plans for a large-scale wind turbine at its Normal manufacturing campus that is intended to provide clean energy to enable new R1 vehicles to be powered by renewables for their first charge.

On Thursday, June 16, 2022, at 11:55 am ET, Rivian’s CFO, Claire McDonough, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference. A live webcast of the chat will be available here, and a recording of the session will be available at the same link following the event.

On Monday, June 6, 2022, at 11:00am PT / 14:00pm ET, Rivian will host its first annual shareholder meeting. The virtual meeting will be available here. A recording will be made available on Rivian’s investor relations website.

On Thursday, June 2, 2022, at 3:30pm ET / 12.30pm PT Rivian’s founder and CEO RJ Scaringe will participate in Bernstein’s 38th Annual Strategic Decisions Conference.

On Wednesday, May 25, 2022, at 11:45 am PT / 2:45pm ET, Rivian’s Founder and CEO RJ Scaringe will participate in the 7th Annual Morgan Stanley Sustainable Futures Conference.

Rivian and Nashville-based Clearloop are partnering to bring online Rivian’s first megawatt of renewable electricity in a uniquely impactful way. Their approach brings solar energy to a part of the country where new renewable development can help to maximize system-wide carbon reductions.

On Wednesday, April 13, Rivian’s CFO, Claire McDonough, will participate in The Bank of America Securities 2022 Global Automotive Summit. At 2:05pm ET, Claire will join a fireside chat where she will be in discussion with John Murphy, Managing Director, Bank of America Global Research. A live webcast of the fireside chat is available here.

On Thursday, February 24, 2022 at 3:00 pm ET Rivian’s founder, Chairman and CEO RJ Scaringe will participate in a virtual fireside chat with auto analyst Rod Lache at the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference.

Rivian (NASDAQRIVN) today announced its third quarter 2021 financial results will be released on December 16, 2021 after market close.

Rivian today announced that it has confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission (the “SEC”) relating to the proposed public offering of its common stock. The size and price range for the proposed offering have yet to be determined. The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions.